2016 Forecast - Gregory Mannarino-Dollar Down Gold Up

 Gregory Mannarino of TradersChoice.net says expect the dollar to get weaker. Mannarino explains, “I think we are going to see the dollar fall here which is bullish for stocks and also bullish for commodities. I am a commodities bull here and I am an oil bull here. I do believe it is going higher here in the short run.” Mannarino also adds, “Oil is currency for a lot of Middle Eastern nations. . . . So, what can we expect? They are going to do something to drive the price higher. I sincerely believe this is an expansion of war. . . . They are not going to allow crude oil to go much lower from here.”

On gold, Mannarino is a bull and explains, “I think we are going to see some pressure on the dollar . . . this is going to push gold higher. Nothing is real, but we have to try to capitalize on the manipulation, and that is clearly where we are right now. Nothing is real. I don’t know another way to put it.”







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